City Of London Investment Group Plc

recently disclosed that they own a 27.1% stake in Morgan Stanley Emerging Markets Fund Inc (NYSE:MSF) in a Form 13D/A disclosure that was filed with the Securities and Exchange Commission (SEC) on Friday, January 12th. The investor owns 3,795,511 shares of the stock valued at about $71,469,472. The reporting parties listed on the disclosure included City of London Investment Group PLC, (CLIG) a company incorporated under the laws of England and Wales and City of London Investment Management Company Limited (CLIM), a company incorporated under the laws of England and Wales. The disclosure is available through EDGAR at this link.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Icon Advisers Inc. Co. lifted its stake in Morgan Stanley Emerging Markets Fund by 185.6% during the third quarter. Icon Advisers Inc. Co. now owns 54,378 shares of the company’s stock worth $945,000 after purchasing an additional 35,341 shares during the last quarter. Cambridge Investment Research Advisors Inc. purchased a new stake in Morgan Stanley Emerging Markets Fund during the third quarter worth approximately $190,000. Finally, Raymond James Financial Services Advisors Inc. purchased a new stake in Morgan Stanley Emerging Markets Fund during the third quarter worth approximately $569,000. Institutional investors and hedge funds own 47.37% of the company’s stock.

In other Morgan Stanley Emerging Markets Fund news, major shareholder City Of London Investment Grou bought 6,700 shares of the firm’s stock in a transaction that occurred on Friday, January 5th. The stock was purchased at an average price of $18.55 per share, for a total transaction of $124,285.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last 90 days, insiders have purchased 165,420 shares of company stock valued at $2,950,525.

Morgan Stanley Emerging Markets Fund Inc (MSF) traded up $0.01 during mid-day trading on Friday, reaching $18.83. The company had a trading volume of 16,318 shares, compared to its average volume of 32,117. Morgan Stanley Emerging Markets Fund Inc has a 12-month low of $13.69 and a 12-month high of $19.04.

The firm also recently announced a semiannual dividend, which was paid on Wednesday, January 10th. Investors of record on Friday, December 22nd were paid a dividend of $0.0322 per share. This represents a yield of 0.37%. The ex-dividend date of this dividend was Thursday, December 21st.

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Morgan Stanley Emerging Markets Fund Profile

The Morgan Stanley Emerging Markets Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation through investments primarily in emerging country equity securities. It invests in various sectors, such as banks; insurance; diversified telecommunication services; food and staples retailing; food products; Internet software and services; oil, gas and consumable fuels; automobiles; beverages; construction and engineering; hotels, restaurants and leisure; independent power producers and energy traders; Internet and catalog retail; machinery; pharmaceuticals, real estate management and development; textiles, apparel and luxury goods; transportation infrastructure, and wireless telecommunication services.

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Institutional Ownership by Quarter for Morgan Stanley Emerging Markets Fund (NYSE:MSF)

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